- Ethereum price in the second part of the session on Thursday is trading in minor positive up just some 0.05%.
- ETH/USD price action via the daily chart view is moving within an ascending channel, somewhat of a bear flag.
- Vulnerabilities remain pointed to the downside given current technical structures.
Spot rate: 161.06
Relative change: +0.05%
High: 163.55
Low: 159.50
ETH/USD 60-minute chart
- As seen via the 60-minute chart view, the price is moving clearly within a bearish flag formation.
ETH/USD daily chart
- Ascending channel seen via the daily chart view, subject to a potential breakout south.
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